Smooth Guy Clothing, Inc., with a market

Smooth Guy Clothing, Inc., with a market stock price of $30, has asked you to help calculate its cost of capital. The firm can issue 10 year, 9% coupon, annual payment bonds that have a par value of $1000. The company estimates that it will receive $864 for each bond sold. The firm’s tax rate is 35%. The firm will pay a dividend of $1.75 next year with dividends expected to grow at 10% in the future. The firm expects 20% flotation costs if it issues new common equity. The firm’s beta is .90. The riskfree rate of return is 10%. The market rate of return is 16%. Calculate the cost of long-term debt.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Social Work and Human Services
Thank you for presenting the paper n-time. The team is getting much better. I have used you guys for a at least 4 semesters and will continue throughout my college career.
Customer 452919, February 21st, 2024
Sociology
Thank you so much. Your Team is the greatest!
Customer 452919, May 3rd, 2022
Sociology
Thanks to the entire team!
Customer 452919, December 8th, 2021
Nutrition, Hospitality & Human Services
Thank you for your assistance.
Customer 452919, April 13th, 2024
Sociology
Thank you for your teamwork. I have only used Solutions to assist me with my assignments.
Customer 452919, March 1st, 2023
Education
Very well written thank you
Customer 452667, April 8th, 2021
English 101
Great work!!
Customer 452989, November 21st, 2021
Nursing
Fabulous fast service
Customer 453075, April 21st, 2022
Nursing
n/a
Customer 452725, April 23rd, 2021
Psychology
Paper wad received on time there was also support with revision.
Customer 453101, June 8th, 2022
Sociology
This assignment was due 9/25
Customer 452919, September 21st, 2024
Ethics
Since I will be needing assistance from your Team, please do not block me from editing the paper. The entire did an awesome job on last semester and I never once encountered a situation as such. Thank you for your assistance and I look forward to working with the Team for the next 7 weeks of the semester.
Customer 452919, January 15th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat